Intel Rises After JPMorgan Upgrade Following Weekly Decline

Intel shares rose in pre-market trading on Monday after JPMorgan upgraded the stock, amid a broad rally in semiconductor stocks. The shares had fallen 14% last week, and the bank sees the risk-reward profile as more balanced.

AI-written summary of 2 sources; every verified point is backed by a verbatim quote. How Iyan works

• Intel shares rose about 4% before Monday's opening after JPMorgan upgraded the stock.

  «Intel shares are jumping nearly 4% amid a broad semiconductor rally and after JPMorgan upgraded the chipmaker»

  MarketWatch
• The gain came amid a broad rally in semiconductor stocks.

  «amid a broad semiconductor rally»

  MarketWatch
• The upgrade followed a 14% decline in Intel's shares last week.

  «Intel stock is upgraded after falling 14% last week.»

  Barron's on MSN
• JPMorgan sees the stock's risk-reward profile as more balanced.

  «J.P. Morgan believes the risk/reward profile is now more balanced.»

  Barron's on MSN

Iyan — See it for yourself. What changed in your world today, why it matters, and how we know.
How it works • Privacy • Terms